OPEN-SOURCE SCRIPT
Jurik Bands
//A follow up for my JMA script. This script is inspired by (and dedicated to) closure of sales (today, Oct 20 '21) of the famous Jurik Research.
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Jurik Research, the real people who been doing real things by using the real instruments, while many others been reading books "How to become a billionaire in 2 days", watching 5687 hours videos of how to use RSI , and studying+applying machine learning to everything cuz suddenly it became trendy xD
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In my JMA script I've said that JMA takes into account volatility. But how exactly? In fact, it's based on smth called Jurik Bands. Thing is they can be/should be used as an independent instrument. I won't lie, I've developed smth very similar myself for mean-reverting purposes, but we ain't gonna talk about this now (my stuff is much simpler, saying bye-bye to entropy).
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The code is on purpose in Pine4, because lmao I'm not gonna call my stuff "Indicators", they don't "Indicate" anything. And it's on purpose doesn't follow any "coding conventions" made by geeks to make their stuff look more important. My conventions are simple: less code as possible and as simple as possible so we can actually do business based on these instruments.
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Live Long And Prosper
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Jurik Research, the real people who been doing real things by using the real instruments, while many others been reading books "How to become a billionaire in 2 days", watching 5687 hours videos of how to use RSI , and studying+applying machine learning to everything cuz suddenly it became trendy xD
...
In my JMA script I've said that JMA takes into account volatility. But how exactly? In fact, it's based on smth called Jurik Bands. Thing is they can be/should be used as an independent instrument. I won't lie, I've developed smth very similar myself for mean-reverting purposes, but we ain't gonna talk about this now (my stuff is much simpler, saying bye-bye to entropy).
...
The code is on purpose in Pine4, because lmao I'm not gonna call my stuff "Indicators", they don't "Indicate" anything. And it's on purpose doesn't follow any "coding conventions" made by geeks to make their stuff look more important. My conventions are simple: less code as possible and as simple as possible so we can actually do business based on these instruments.
...
Live Long And Prosper
Skrip sumber terbuka
Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.